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Added to YB: 2026-09-08

Pitch date: 2026-09-05

WK [bullish]

Workiva Inc.

Author Info

Krypton Research provides long/short thematic investing research. Sign up for the newsletter.

Company Info

Workiva Inc., together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally.

Market Cap

$4.2B

Pitch Price

N/A

Price Target

99.00 (+29%)

Dividend

N/A

EV/EBITDA

79.64

P/E

91.32

EV/Sales

4.29

Sector

Software

Category

growth

Show full summary:
Into The Wreckage - A Basket of SaaS Winners - Workiva Inc.

WK: Workiva’s thesis is margin expansion, not merely growth: Q1 revenue rose 20% to $247M while non-GAAP operating margin reached 18.4%, versus 9.9% for full-year 2025, and management lifted full-year FCF-margin guidance to roughly 20%. At $57.15, the shares trade near 17x modeled 2026 FCF, with a $84 base case and $99 bull case; semiannual SEC reporting is the main overhang.

Read full article (3 min)